Innefu Labs, the New Delhi-headquartered cybersecurity startup, has raised $30 million in a Series B round of funding from Singapore based growth equity firm, Panthera Growth Partners.
This funding round was a mix of primary and secondary transactions. A statement said this investment positions Innefu Labs to a potential initial public offering (IPO).
Founded in 2010, AI-led Innefu Labs will use this funding round for expansion into global markets and investments into its technology platform. The R&D investments would be in its segments of proprietary Agentic AI platform, establishing a physical AI (robotics) wing, and developing sovereign AI infrastructure.
“We now intend to scale our innovations faster, deepen our investments in advanced AI and further enhance our autonomous decision-support systems. We believe the next wave of technological leadership will belong to nations that own their intelligence capabilities, and Innefu is committed to ensuring that India stands at the forefront of that transformation,” Innefu Labs co-founder and CEO Tarun Wig said.
According to Innefu Labs, it has secured Rs 100 crore plus contracts spanning defense, intelligence, law enforcement, and revenue intelligence operations. The startup claimed that it has over 100 installations which include India’s national terrorism data fusion centre, revenue intelligence fusion platforms, predictive policing Platforms etc. The market presence is in India, Middle East and South East Asia.
“Innefu has built native, AI-powered software that solve critical challenges in national defense and enterprise security infrastructure. Our investment decision is based on their proprietary technology, deep domain expertise, and a proven track record in high-stakes, mission-critical environments. We are partnering with Innefu to support their growth ambitions as they prepare for public markets,” Panthera Growth Partners Founder and Managing Director Shilpa Kulkarni said.
The portfolio of startups for Panthera includes companies like FoxTale, OfBusiness, Zivame, Travelstack Tech, EMotorad, Flipspaces etc.
